Reported income decreases with increasing wealth, Ram Singh's study shows, suggesting wealthiest families under-report incomes by indulging in tax evasion or avoidance tactics.
While it is unfortunate that a large number of High Net Worth Individuals have left India and taken citizenship elsewhere, the number of HNIs in the country is continuously increasing.
International voices discuss 'crackdown' on journalists, shortage of quality jobs & 'rising inequality' but also how hedge funds are profiting from India's booming options market.
Sam Pitroda can help Congress by pasting some strong, sticky tape all over his mouth and then spending the rest of the 2024 Lok Sabha election campaign in silence. He has done enough damage already.
The social and economic gaps continue to grow even though well-intentioned people in the world have spent trillions to fight poverty. Our approach is wrong.
The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
Just for knowledge sake asking if the statistics considered the outliers before deriving the insight that the Indian politician is more truthful? Like for instance there could be one wealthy businessman politician who reports IT properly and N less wealthier under-reporting politician. So considering the wealthier person, might skew the consolidated income and reporting stats.
Just for knowledge sake asking if the statistics considered the outliers before deriving the insight that the Indian politician is more truthful? Like for instance there could be one wealthy businessman politician who reports IT properly and N less wealthier under-reporting politician. So considering the wealthier person, might skew the consolidated income and reporting stats.